Payment Card Industry issues new credit card security standards

The new version focuses on clarifying the intent and spirit of the standards

Cybersecurity may be at the top of mind for most in-house counsel, especially as the cost of cybercrime rose 6 percent in 2012. But it’s not just the C-suite that is feeling the pressure: Customers want to know that their data is safe, especially when it comes to online payment.

The regulating body of credit card standards agrees that credit card security has become an increasing problem. That’s why the Payment Card Industry (PCI) Security Standards Council has issued its latest PCI Data Security Standard and Payment Application Data Security Standard (version 3.0), aimed at making users’ credit card purchases even more secure.

Assistant Editor

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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